xero

Management accounts

What Are Management Accounts, and Why do You Need Them?

Management accounts are monthly or quarterly financial reports. You might think your business is too small to worry about such things, but if you don’t have them, it’s a bit like driving in the dark without your lights on – you won’t see obstacles until you hit them head-on. Knowing your order book, how your …

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bookkeeping software

Xero and Receipt Bank – the perfect bookkeeping software combination

Our earlier article looked at the 4 signs that tell you it’s time to hire a bookkeeper. Well, now you’ve decided it’s time to ditch your shoebox receipt filing system and get some professional help one of the many advantages you’ll enjoy is access to bookkeeping software. The great thing about using a professional bookkeeping …

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Working from home

Is Working From Home More Productive?

With the coronavirus crisis having driven employees out of their workplaces and into their homes, questions surrounding productivity have continued to be at the forefront of every manager’s mind. So, is working from home more productive? Truthfully, there isn’t a right answer here as productivity can increase or decrease depending on working circumstances. But, with …

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xero and tripcatcher

Tripcatcher: How to Utilise a Mileage Tracker for Your Business

Depending on the size of your business or even if you’re a sole trader, diligently tracking your business mileage can feel like an arduous and challenging task. It shouldn’t come as a surprise that the more accurately you can keep track of business mileage, the more money you can potentially claim back as a tax …

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The summer break need not affect your business

They come round every year, holidays for you and your fellow team members. And for many businesses the summer break can be a stressful time, planning to manage resources while key staff are away with their families. In the old days, industrial companies used to close down completely for a holiday period, and even today you …

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